How to Use OKX Exchange's Flash Swap for Crypto-to-Crypto Trading: A Beginner's Guide

Step-by-Step Guide to Withdrawals on OKX

To withdraw funds from OKX:

1. Open the OKX app and navigate to "Assets."
2. Select the cryptocurrency you wish to withdraw and click "Withdraw."
3. Fill in the required details (amount, destination address, etc.) and confirm.

Note: Daily withdrawal limits vary based on your account's fee tier and KYC level.

Understanding OKX Flash Swap

Flash Swap allows instant crypto-to-crypto conversions without order books. Here’s how to use it:

1. Access Flash Swap: Go to "Trade" > "Flash Swap" in the OKX app.
2. Select Pair: Choose your input and output currencies (e.g., BTC to ETH).
3. Enter Amount: Input the quantity you wish to swap.
4. Review Rates: Check the conversion rate and fees.
5. Confirm: Execute the swap instantly.

👉 Start Flash Swapping now for seamless crypto conversions!

Withdrawing to Bank Accounts

Converting Crypto to Fiat

1. Sell Crypto: Navigate to "P2P Trading," select your currency, and set a sell order.
2. Choose Payment Method: Buyers pay via bank transfer, Alipay, or WeChat Pay.
3. Confirm Receipt: Once payment is received, release the crypto to complete the transaction.

Daily Withdrawal Limits

• Fee Tiers: Limits scale with your account level (e.g., Level 1: 300 BTC/day).
• KYC Impact: KYC2 users enjoy higher limits (up to 300 BTC) compared to KYC1 (100 BTC).

FAQs

1. What is Flash Swap?

Flash Swap enables instant crypto trades at current market rates, bypassing traditional order books.

2. How are withdrawal limits calculated?

Limits are denominated in BTC equivalents. For example, withdrawing 25 BTC worth of OMG deducts from your daily BTC allowance.

3. Can I increase my withdrawal limit?

Yes, contact OKX customer support for limit adjustments beyond your tier.

4. Are P2P trades safe?

OKX escrow protects transactions—funds are released only after payment confirmation.

5. Why is my Flash Swap rate different?

Rates fluctuate based on liquidity and market conditions. Always review before confirming.

👉 Explore OKX Flash Swap for low-fee, instant trades!

Pro Tips

• Monitor Fees: Higher fee tiers reduce transaction costs.
• KYC Verification: Complete KYC2 for elevated limits and features.
• Market Orders: Use Flash Swap for urgent trades; limit orders for better rates.

Disclaimer: Crypto transactions involve risk. Always verify addresses and payment details.